This would be my first build so any feedback would be much appreciated.Purchase price = 140kDemo = 10kBuild a horizontal property regime, 2 homes on the same parcel.

For one, our property tax regime is rough (as compared to Oregon, where I also invest).

@Christopher Boon I should add that as a NY investor, you should ensure that whoever you use is very familiar with NYS AND NYC tax & legal regimes.

Because of the uniqueness of the house and the condo regime that was in place for Unit A/B, our mortgage lender, and our appraiser were finding it difficult to classify and appraise the home.

Need to understand how to see units in multifamily after converting them to condo.Would it be possibly to conventionally finance them?

You could fall in to the Series 65 regime as a RIA, co-GP as a deal sponsor and provide other deal activities other than raising capital, or form things up in other ways. 

It's also one of the most litigated and confusing issues when it comes to realty transfer tax since there's some level of politics involved (i.e. the interpretation of the PA Department of Revenue under a Democratic Party regime will not always match the interpretation under a Republican Party regime).  

In an effort to bail out Europe from freezing due to the fact they didn't want to pay said communist regime for higher energy costs the demented man stepped in and is now selling Nat gas to much of Europe limiting the supply for customers at home.  

The taxes and regime fee approach 45%.

He will rent one room to a friend for 6 to 700 and be paying practically nothing, even with regime fees.Lots of nice neighborhoods in Columbia with houses under 100k that he could rent a second room out to another student or a young professional.